Posted in FINANCE How the U.S. Spent $1.4 Trillion in Debt Last Year, Explained With Pennies March 9, 2023 The U.S. relies on debt for much of its spending — but what would spending cuts look like? WSJ explains how much the Treasury relies on debt, where it goes and what happens when the Treasury hits the debt ceiling. https://www.wsj.com/articles/how-the-u-s-spent-1-4-trillion-in-debt-last-year-explained-with-pennies-968211f8?mod=pls_whats_news_us_business_f